13231 Euclid Ave East Cleveland, OH 44112-4523
This exceptional 43,489 square foot industrial flex space, situated on a 2-acre lot at 13231 Euclid Avenue in East Cleveland, presents a unique investment opportunity. Built in 1986, the single-story building boasts an impressive 18-foot ceiling height, ideal for various uses. Currently, approximately 25,000 square feet is available for lease, with the possibility of subdividing the space to accommodate specific tenant needs. The property features one loading dock and 200 feet of frontage, ensuring efficient loading and unloading. Its U4 zoning allows for a wide range of potential uses. The property's strategic location at the intersection of Euclid and Superior Avenues offers unparalleled accessibility. It's conveniently located just half a mile from the eastern edge of University Circle, providing proximity to a vibrant urban center. Furthermore, its position between the Healthline and the Red Line rapid transit systems ensures excellent public transportation access for employees and clients. The property's history as the former East Cleveland Adult Activity Center makes it particularly well-suited for workforce development programs or similar organizations seeking open, adaptable space. The APN is 672-08-009. 016 017 021 036. This is a rare opportunity to acquire a versatile industrial property in a prime East Cleveland location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
U4 · East Cleveland, OHCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.